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Professionals: Short-term » Knowledge Base
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 | RISK MANAGEMENT |
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From The Glossary » | Return Premium Insurance: |
| | A feature incorporated in a regular life, endowment, or term policy providing that in addition to the regular insurance benefits in the policy, an amount equal to all premiums paid will be payable upon the death of the insured prior to the end of a specified period. The specified period is frequently 20 years. | | More Definitions » |
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